Quaint Oak Bancorp (OTCMKTS:QNTO) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $10.26 and traded as low as $9.16. Quaint Oak Bancorp shares last traded at $9.16, with a volume of 300 shares changing hands.

Quaint Oak Bancorp Stock Down 3.9%

The company has a debt-to-equity ratio of 1.54, a current ratio of 1.21 and a quick ratio of 1.11. The firm has a market cap of $24.15 million, a PE ratio of 12.05 and a beta of 0.12. The business’s 50 day moving average price is $9.83 and its 200 day moving average price is $10.26.

Quaint Oak Bancorp (OTCMKTS:QNTO) last released its earnings results on Thursday, October 30th. The financial services provider reported ($0.02) earnings per share for the quarter. The firm had revenue of $6.14 million during the quarter. Quaint Oak Bancorp had a net margin of 4.06% and a return on equity of 3.86%.

Quaint Oak Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 3rd. Investors of record on Monday, October 20th were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.7%. Quaint Oak Bancorp’s payout ratio is currently 24.62%.

About Quaint Oak Bancorp

Quaint Oak Bancorp, Inc operates as the holding company for Quaint Oak Bank that provides banking products and services in Pennsylvania. It offers various deposit products, including money market accounts, certificates of deposit, interest and non-interest-bearing checking accounts for businesses and consumers, and savings accounts.